The heat map below shows change in the percentage of distressed sales — properties in the foreclosure process or bank-owned — from 2008 to 2012 by county nationwide, along with county voting trends from the 2008 presidential election. The voting data is represented by each county’s color and shading, while the distressed sale percentages can be seen for any county by hovering over that county on the map.
Please note that the distressed sales percentage is not available for all counties. This data is part of RealtyTrac’s exclusive Election 2012 Local Housing Market Health Check released today. Download the full report and view other housing market heat maps from the report.
Nationwide, distressed sales represented 23 percent of all sales in the second quarter of 2012, up from 19 percent in the second quarter of 2008. At the county level, the report found that the trends were split almost exactly down the middle. A total of 450 counties saw the foreclosure saleshare decrease from four years ago while 455 counties saw that share increase,a statistical dead heat.
But the average share of distressed sales among all the counties analyzed remains stubbornly high, at 15.82 percent in the second quarter of 2012 compared to 16.30 percent in the second quarter of 2008. And the share of foreclosure-related sales remains above 40 percent in many of the hardest-hit counties nationwide.